Houston energy data co. finds misappropriations by former exec

Houston-based SAExploration Holdings Inc. (Nasdaq: SAEX) is still under investigation by the U.S. Securities and Exchange Commission, and the Department of Justice has joined in with its own parallel investigation.

In 2015, SAExploration’s then-CFO, Brent Whiteley, formed a company called Global Equipment Solutions LLC, which was an SAExploration vendor in 2015 and 2016, according to the results of an internal investigation by SAExploration’s board of directors published in an SEC filing Feb.…